Technology: Page

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    Visa spends ‘billions’ battling cybersecurity threats

    “We are all in an arms race to protect this ecosystem, to protect the network,” Visa CEO Ryan McInerney said at an investor conference last week.

    By Lynne Marek • March 11, 2024
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    The high cost of outdated AR

    Today’s B2B customers demand a seamless order-to-cash experience, and brands must embrace automation to adapt.

    March 11, 2024
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    Finance automation and value creation: A new nexus

    Process efficiency is just the beginning of what CFOs are realizing finance automation can bring to their organizations. 

    By CFO Dive staff
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    Legacy tech stymies cost-cutting innovations

    Most companies fell short of their cost-reduction targets last year, with half citing challenges related to legacy tech as a top barrier, Deloitte found.

    By • March 5, 2024
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    Tech startup Slice raises $7M for equity compensation platform

    The funding will help the startup to further develop the platform while expanding its geographic reach, according to CEO Maor Levran.

    By • March 5, 2024
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    Legal woes continue for OpenAI as Elon Musk sues over contract breach

    OpenAI eschewed its nonprofit status to become a de facto Microsoft subsidiary, the Tesla CEO alleged in a Thursday filing before the Superior Court of California.

    By Roberto Torres • March 1, 2024
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    SEC charges Lordstown Motors with misleading investors on sales outlook

    Lordstown’s auditor and adviser also faces SEC sanctions for allegedly violating independence standards.

    By • March 1, 2024
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    Yelp exec jumps to AI realm, takes Xometry’s CFO chair

    Yelp’s James Miln is joining the manufacturing marketplace provider as a spotlight continues to shine on AI-powered services and offerings.

    By • March 1, 2024
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    Microsoft rolls out Copilot AI tool to finance teams

    The move is part of Microsoft’s effort to layer AI across its enterprise offerings, with the ambitious goal of impacting every role in the workplace.

    By • Feb. 29, 2024
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    SaaS license waste tops IT spend challenges

    Hasty software purchasing during the pandemic led to bloated tech stacks that are now ripe for trimming.  

    By • Feb. 27, 2024
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    CFOs take backseat to CISOs on SEC cyber rules

    Less than half of finance chiefs are involved in the SEC's cybersecurity breach disclosure process, AuditBoard found.

    By • Feb. 27, 2024
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    AI, employee balance key to driving tech strategy: IMA

    Treating AI like a new colleague, rather than a replacement for employees, can help CFOs more seamlessly incorporate the technology.  

    By • Feb. 26, 2024
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    MGM Resorts’ cyberattack headache continues as regulators launch investigations

    The company said it could face fines in connection with regulatory inquiries stemming from the social engineering attack.

    By David Jones • Feb. 26, 2024
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    New Prophix CFO: championing the ‘data steward’ shift

    The “bird’s eye view” of the business provided by finance chiefs makes them ideal choices as stewards of data, Prophix CFO Aaron Levine says.  

    By • Feb. 22, 2024
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    ‘Maverick’ SaaS spending by workers can waste millions: Vertice

    A company with more than 2,000 employees wasted, on average, as much as $4.3 million on underutilized SaaS licenses in 2023.

    By • Feb. 20, 2024
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    Honeywell exec upbeat on warehouse automation trends

    Rising e-commerce shipments and ongoing labor shortages are among macrotrends that are favorable to the market.

    By • Feb. 20, 2024
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    L’Oréal leans into AI with data in mind

    “AI now transcends many of the things we do,” CEO Nicolas Hieronimus said during the beauty company’s earnings call. 

    By Lindsey Wilkinson • Feb. 16, 2024
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    IT, finance must take point on strategy in AI age: OneStream

    The more AI filters into business processes, the tighter the relationship between finance and IT needs to be, OneStream’s Pam McIntyre said.  

    By • Feb. 15, 2024
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    Ex-Zoom finance exec lands at fraud detector Forter

    Forter’s new CFO, Anthony Barsoom, is replacing Aaron Barfoot, who exited to become finance chief of a rival company.

    By • Feb. 15, 2024
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    CFOs harbor data quality worries ahead of AI push

    Adding bad data to sexier AI models simply means CFOs will get “bad analytics faster,” BlackLine’s Michael Polaha says.

    By • Feb. 13, 2024
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    Bank of America customer data exposed in IT provider breach

    A threat actor compromised Infosys McCamish Systems in November, affecting more than 57,000 Bank of America customers.

    By Rajashree Chakravarty • Feb. 13, 2024
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    Renamed FinQuery tackles CFOs’ SaaS pain points

    The rebranding follows the acquisition of SaaS management startup Stackshine by LeaseQuery, now FinQuery, last August.

    By • Feb. 13, 2024
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    AI dominates CFOs’ 2024 budget hike plans

    The vast majority (90%) of finance leaders are projecting higher AI budgets in the coming year, with none planning a reduction, Gartner found.

    By • Feb. 13, 2024
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    Yellen backs legislation to avert AI threat to financial stability

    Testimony by the Treasury Secretary follows a pledge by the Biden administration to seize on the benefits of artificial intelligence while containing its risks.

    By • Feb. 8, 2024
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    CEO, CFO compensation clawback helps tech firm skirt SEC fine

    Cloopen Group avoided civil penalties after cooperating with the agency and taking remedial steps, despite an accounting fraud scandal that triggered SEC charges.

    By • Feb. 7, 2024
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    Clorox says it incurred $49M in costs from 2023 cyberattack

    The breach caused system disruptions that led to order processing delays and “significant product outages,” negatively impacting net sales and earnings.

    By • Feb. 6, 2024